Austin Community Charitable Fund

Organization Overview

Austin Community Charitable Fund is located in Austin, MN. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Austin Community Charitable Fund generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2019. While expenses have increased by 25.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

CHARITABLE & EDUCATIONAL SUPPORT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE AUSTIN COMMUNITY CHARITABLE FUND WAS FORMED EXCLUSIVELY TO PERFORM AND OTHERWISE TO ASSIST IN CARRYING OUT THE CHARITABLE FUNCTIONS AND PURPOSES OF THE DCA. THE CHARITABLE FUND WAS ESTABLISHED AND SHALL BE OPERATED EXCLUSIVELY TO ENGAGE IN, ADVANCE, SUPPORT, AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS OF THIS DCA OF EVERY KIND AND NATURE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Geoff Smith
Chair
$0
John Hernandez
Vice Chair
$0
Tanya Medgaarden
Treasurer
$0
John Garry
Executive Director
$0
Adenuga Atewologun
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,750
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,987,437
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,993,187
Total Program Service Revenue$0
Investment income $15
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,993,202

Grants Awarded

Over the last fiscal year, Austin Community Charitable Fund has awarded $84,500 in support to 2 organizations.

Grant RecipientAmount

CEDAR RIVER WATERSHED DISTRICT

PURPOSE: PROMOTE THE PROGRAM/STAFF FUNDING

$74,500

AUSTIN COMMUNITY GROWTH VENTURES

Org PageRecipient Profile

Austin, MN

PURPOSE: PROMOTE PROGRAMS

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Austin Community Charitable Fund has recieved totaling $586,000.

Awarding OrganizationAmount
The Hormel Foundation

Austin, MN

PURPOSE: Community Projects

$561,000
Mayo Clinic Group Return

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$25,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or